It seems Brazil has not been the quickest place to do business in the mining space. But, with a new right wing president, it could be quite different now. He is pro mining and is looking for employment growth and export revenue. So that is why AGR could be a good fit to that agenda, in regards to Copper and to a lesser extent phosphate. Although AGR's phosphate will significantly reduce imports of that product in to southern Brazil.
AGR Price at posting:
12.5¢ Sentiment: Buy Disclosure: Held
